Economic EmpowermentDistribution of Wealth

Economic Empowerment

7.2.1 Analyze how commodities that lead to economic empowerment have changed

• identify major economic commodities that have been valued over time• examine the importance of land and natural resources as economic commodities in

Canada’s history• examine the various economic commodities in contemporary society

7.2.2 Investigate the various ways economic systems empower or disempower people

• explain that people have basic needs that must be met• analyze the role that money plays in meeting basic needs• explain how capital is empowering• investigate and report on the challenges of the poverty cycle

7.2.3 Analyze trends that could impact future economic empowerment

• identify current trends and examine factors that may impact on these trends• predict economic commodities and skills that will empower individuals and groups in

the future• take actions which provide or enable personal economic empowerment in the future

Economic Empowerment

• Economic empowerment means having enough money to meet your needs with a little extra left over for the special things you want

• If you are able to do this it means economic security

• It involves though, making the right decisions which will allow this to happen

Time Line

• What does the following time line show you about economic changes in North America from 1600 to 2000?

2000

1900

1800

1700 – Farming, ranching, fishing and some lumber

operations

1600 – Hunting, gathering and some farming

Development of industry

Computer and Communications technologies

In This Unit ….

• We will learn how economic systems work• We will begin by examining First Nations and

Inuit traditional economies and the economic opportunities that attracted Europeans to North America

• We will ten find out how the Canadian economy has changed over time

• We will see a change from the past, when most people made their living from the land or the sea to today where people work in a wide variety of jobs.

Your Economic Future

• You can use what you learned from this unit to make plans for your own economic future

Economic

Empowerment

In summary we will be….

• Examining economies in the past (First Nations, Inuit, European settlers)

• Investigating the issues of economic security and poverty

• Identifying trends in economics that could effect your future